Earlier to the 1990s, there was a Dwyane Wade’s Legacy Miami Heat signature shirt of importing certain products which were already manufactured in India like agricultural products, engineering goods, food items, toiletries, etc. However, during the 1990s there was a pressure from rich countries over World Trade Organization, World Bank engaged in development financing activities, and International Monetary Fund to allow other countries to spread their businesses by opening trade and market in the poor and developing countries.
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In India, the Dwyane Wade’s Legacy Miami Heat signature shirt and liberalization process was started in 1991 under the Union Finance Minister Manmohan Singh. After many years, globalization has brought major revolution in the Indian market when multinational brands came to India like PepsiCo, Ericsson, Aiwa, etc and started delivering a wide range of quality products at cheap prices. All the dominating brands have shown the real revolution of globalization here as a tremendous boost to the industrial sector economy.
Globalization and liberalization of the businesses in the Indian market are flooding the quality foreign products however affecting the local Indian industries adversely to a great extent resulting in the job loss of poor and uneducated workers.
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